Indian Startup to Get Facebook Funding

(CCM) — Social media giant Facebook has chosen JobSenz, a startup founded by Monish Karam, to fund under its FbStart program. The initiative, which was launched in 2015, aims to attract brilliant startup ideas from across the globe. JobSenz will be getting $40,000 to improve and develop its technology, as well as support from Facebook’s network partners — a list that includes DropBox, Twilio, Stripe, and Coursera. All developers and founders of working mobile apps in the Apple or Google Play app stores are eligible to apply for FbStart. According to a report, the South-Asian country has emerged as the largest market for FbStart outside of the U.S.

Also founded in 2015, JobSenz provides a platform for students and working professionals to find necessities ranging from jobs to coaching to educational materials, like books. It also helps candidates prepare their resumes, bio-data, and other important details to attract job offers. Karam plans to connect the vast network of coaching centers across India, Sri Lanka, and Bangladesh, giving students living in various parts of the globe access to study materials and live coaching sessions. To earn money, the startup plans to charge for premium content, including coaching offered by help centers.